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Which Risk Management software is most common, which is best, what should I be asking in regards to it?

5 replies [Last post]
John Reeves
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  • @Risk, Oracle Primavera Risk Analysis, Acumen Risk, Safran Risk, Crystal Ball = which is most common, which is best, what else should I be asking?   -   Any work well with Cobra?  Which work well with Excel?

Replies

Peter,

the team engagement and support of senior management are required but the sizes of required contingency reserves must be calculated and justified. Risk simulation helps with this.

Besides, risks are changing, performance may differ from expected, regular risk simulation helps to understand the real project status by estimating current probabilities of meeting project targets. 

Peter Holroyd
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Posts: 132

John,

its the risk process that important, the team engagement and support of senior management. The software doesn't really matter.

John,

just remember that all of these tools are useless if your project has resource constraints and you level project resources.

david kelly
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I could write a thesis on this, but it is Sunday morning....

If you are an owner, looking for a long term, corporate wide, risk management strategy - Safran is the choice.

If you are a contractor, and you use MSP or P6 , Full Monte integrates easily and very quickly, at a price performance point that sets a new standard.

david kelly
User offline. Last seen 2 weeks 19 hours ago. Offline
Joined: 12 Feb 2016
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I could write a thesis on this, but it is Sunday morning....

If you are an owner, looking for a long term, corporate wide, risk management strategy - Safran is the choice.

If you are a contractor, and you use MSP or P6 , Full Monte integrates easily and very quickly, at a price performance point that sets a new standard.